BayWa says equity capital falls to less than half its registered share capital
July 3 (Reuters) - German agricultural supplies trader BayWa BYWGnx.DE said on Thursday that its equity capital had turned negative as of the end of 2024, falling to less than half of its registered share capital. The drop in equity capital was expected due to the necessary write-downs brought on as part of BayWa's restructuring plan, it added. (Reporting by Isabel Demetz in Gdansk, editing by Milla Nissi-Prussak) ((Isabel.Demetz@thomsonreuters.com;))
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